World Business Briefing | Asia: Japan: Drug Earnings Rise

By Ken Belson (NYT)

Published: November 7, 2002

Japan's largest pharmaceutical company, Takeda Chemical Industries, said its profit rose in the half-year to Sept. 30 and the company was on track for its ninth consecutive year of profit growth. A weaker yen and strong demand for its leading hypertension drug increased sales 3.6 percent in the half year. For the full year, Takeda expects profits to rise 10 percent, to 260 billion yen ($2.1 billion). Ken Belson (NYT)